Savannah Book Festival Inc

Analysis

Savannah Book Festival Inc is a registered charity in United States, based in Savannah, GA. It received its IRS tax-exemption ruling in August 2007, 19 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Savannah Book Festival Inc reported income of $371k and spending of $431k, spending 116% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $345k to $371k (+7.5%), an average of +1.8% a year. The sharpest change came in the year to June 2022, when income rose by 71%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Savannah Book Festival Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 69th percentile within GA. Charities of a similar size with the same main cause include Saint John of Kronstadt Orthodox Christian School ($371k), Bridgehaven Academy Inc ($371k) and Aggie Development Inc ($371k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 90% and program service revenue 8.8% of the total. Compensation of current officers, directors and key employees was $61k (14% of expenses). Other salaries and wages came to $42k. At year end it held assets of $516k against liabilities of $29k, net assets of $487k. It reported 4 employees.